DUBAI/ WAM Sheikh Zayed Housing Programme (SZHP), an initiative under the Ministry of Energy and Infrastructure (MoEI), has signed an MoU with Masdar City, the pioneering sustainable urban community and world-class business and technology hub in Abu Dhabi, to advance the housing and urban development sectors in the UAE and improve performance in related global competitiveness indicators. The MoU was …

ABU DHABI/ WAM EDGE Group’s KATIM, a leader in the development of innovative and ultra-secure communication solutions, and etisalat by e&, announced the signing of a Memorandum of Understanding (MoU) at GITEX 2023, being held at the Dubai World Trade Centre. The announcement highlights etisalat by e&’s role in amplifying the market reach of KATIM’s comprehensive product suite, from pioneering …

SHARJAH/ WAM Air Arabia announced the launch of a new route operating between Sharjah and Giza city in Egypt. The non-stop flights will connect Sharjah International Airport with Sphinx International Airport with a frequency of five weekly flights starting from 6th December, 2023. Adel Al Ali, Group Chief Executive Officer, Air Arabia, said, “We are glad to announce the launch …

RIYADH/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam, on the sidelines of the joint summit between the Gulf Cooperation Council (GCC) and the Association of Southeast Asian Nations (ASEAN), which commenced on Friday in the Kingdom of Saudi Arabia. During their meeting, which took place …

RIYADH/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led the UAE delegation participating in the joint summit between the Gulf Cooperation Council (GCC) and the Association of Southeast Asian Nations (ASEAN) in Riyadh. The summit was inaugurated by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom …

DUBAI / GULF TIME Recent studies from the UAE real estate market suggest that by 2026, there are 1,800 new units expected in New Dubai, while Central Dubai will see 1,900 upcoming units in the same timeframe. Feeding into the booming demand of Dubai’s real estate market, distinguished developers, London Gate, are all set to bring their promise of ‘Extraordinary …

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received Cindy McCain, Executive Director of the United Nations World Food Programme (WFP), at Qasr Al Shati in Abu Dhabi. During the meeting, they discussed cooperation and coordination between UAE entities and WFP to deliver relief assistance to the Gaza Strip, given worsening humanitarian conditions for civilians in the …

ABU DHABI/WAM First Abu Dhabi Bank (FAB) has achieved record performance in the first nine months of 2023, reporting that net profit for the period reached AED12.4 billion, up 58% year-on-year on an underlying basis (excluding Magnati-related gains in 2022). Revenue was AED20.5 billion, up 38% year-on-year, reflecting the successful and sustained execution of the bank’s growth strategy. FAB announced …

AMDJARASS/WAM The Emirati humanitarian team in Amdjarass, Chad, has provided medical devices, intensive care equipment, and solar-powered lighting systems to support Amdjarass provincial hospital. The Emirati team in Chad includes the Emirates Red Crescent (ERC), the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, the Khalifa bin Zayed Al Nahyan Foundation, and the Office for the Coordination of Foreign Aid. Ahmed …

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, in the presence of Sheikh Khalid bin Saud Al Qasimi, Vice Chairman of Ras Al Khaimah’s Investment and Development Office, delivered a keynote address at the official launch event for RAK Digital Assets Oasis, the world’s first free zone …